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China News 09/2013 (Page 9)



Ruffled feathers after China detains Bolt, world's priciest pigeon
Sun Sep 29, 2013 9:09pm IST. * Chinese authorities say thousands of euros owed in import duties. * Belgian ambassador tries to negotiate release of pigeons still held. * Popularity of pigeon racing surges in China. By Barbara Lewis. BRUSSELS, Sept 29 ...

Bearish ETF Bets Cost Least Since May on Growth: China Overnight
Options traders are paying the least in four months to protect against drops in the largest Chinese exchange-traded fund (FXI:US) in the U.S. on prospects a recovery in the world's second-largest economy will be sustained. The premium (FXI:US) of ...

China to offer tax breaks to solar power manufacturers
SHANGHAI, Sept 29 | Sun Sep 29, 2013 12:29pm EDT. SHANGHAI, Sept 29 (Reuters) - China's Ministry of Finance announced it will offer tax breaks to manufacturers of solar power products on Sunday, as China moves to support an industry still struggling to ...

UPDATE 3-China opens new trade zone in Shanghai, reform plans unveiled
Sun Sep 29, 2013 9:23pm IST. * Restrictions lifted on individual cross-border investment. * Loan-to-deposit ratios, other regs on banks to be eased. * Intl oil futures trading platform planned. * Deeper reforms subject to risk control implementation ...

China Ban on Items for Nuclear Use to North Korea May Stall Arms Bid
BEIJING — During the George W. Bush era, North Korea and Iran were joined together as the Axis of Evil, but with President Obama's phone call to President Hassan Rouhani of Iran last week, that pairing — already out of favor in some quarters in ...

China September Manufacturing Index Misses Preliminary Estimate
A factory worker inspects tires at the Pirelli & C SpA tire factory in Jining, Shandong Province. Photographer: Keith Bedford/Bloomberg. A Chinese manufacturing index (EC11CHPM) rose less than analysts forecast in September, unexpectedly weakening from ...

Gold iPhone 5S Sparks China Sticker Craze
Apple Inc.'s gold iPhone 5S is selling like hotcakes. For impatient customers wanting to skip the preorder queue (or cheapskates who want to save a few bucks), golden stickers offered by some smart Chinese merchants are a quick option. The gold version ...

UPDATE 1-China to ease gold trade restrictions - central bank
BEIJING, Sept 30 | Mon Sep 30, 2013 1:39pm IST. BEIJING, Sept 30 (Reuters) - China's central bank is planning to increase the number of firms allowed to import and export gold and will also ease restrictions on individual buyers of the precious metal, ...

Experimental Free-Trade Zone Opens in Shanghai
SHANGHAI — China opened a new type of free-trade zone here on Sunday in a bid to test financial changes that the government said could eventually spread to other parts of the country. The new zone, which has the backing of the State Council, the ...

China opens new free-trade zone in Shanghai
SHANGHAI — The Chinese government officially opened a new free-trade zone here that is long on promise and short on detail about how it will boost the economy. The 11-square-mile zone is in northeast Shanghai in an industrial area near the ...

Li Keqiang Says China Can Reach its Economic Targets This Year
China can meet its main economic targets this year, Premier Li Keqiang said in a speech today. “China's economy is stabilizing in a good trend and the nation has the confidence, conditions and ability to realize its main economic targets this year,” Li ...

China Attracts Greek Ship Owners
LONDON--Greek shipping magnates, still the kingmakers of the global shipbuilding trade, are increasingly moving their financing and ship orders to China, drawn by cheap credit and lower shipyard costs. The move is a big shift in an industry that had ...

KKR buys stake in appliance maker in biggest China deal
By Stephen Aldred and Denny Thomas. HONG KONG | Mon Sep 30, 2013 8:35am EDT. HONG KONG (Reuters) - Investment company KKR & Co LP (KKR.N) said it had agreed to buy a 10-percent stake in Qingdao Haier Co Ltd (600690.SS), gaining ...

China Confident in Meeting Economic Targets: Premier
Chinese Premier Li Keqiang on Monday reaffirmed China's confidence in achieving its goals for economic development in 2013. "We have the confidence, conditions and ability to meet the main targets projected for our economic and social development this ...


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